Allianz Asset Management GmbH raised its stake in AMN Healthcare Services Inc (NYSE:AMN – Free Report) by 22.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 576,780 shares of the company’s stock after purchasing an additional 104,676 shares during the period. Allianz Asset Management GmbH owned 1.51% of AMN Healthcare Services worth $11,922,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Yousif Capital Management LLC boosted its holdings in shares of AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock valued at $352,000 after buying an additional 534 shares in the last quarter. CWM LLC boosted its stake in AMN Healthcare Services by 68.2% in the second quarter. CWM LLC now owns 47,061 shares of the company’s stock valued at $973,000 after acquiring an additional 19,074 shares in the last quarter. Thompson Investment Management Inc. boosted its stake in AMN Healthcare Services by 5.0% in the second quarter. Thompson Investment Management Inc. now owns 324,227 shares of the company’s stock valued at $6,702,000 after acquiring an additional 15,420 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in shares of AMN Healthcare Services during the second quarter worth about $8,227,000. Finally, SummerHaven Investment Management LLC increased its position in shares of AMN Healthcare Services by 4.8% during the second quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the company’s stock worth $353,000 after purchasing an additional 777 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.
AMN Healthcare Services Trading Up 0.5%
NYSE:AMN opened at $19.77 on Tuesday. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $42.41. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The stock’s 50 day simple moving average is $19.51 and its 200-day simple moving average is $20.06. The firm has a market cap of $757.47 million, a P/E ratio of -2.54 and a beta of 0.15.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. JMP Securities decreased their target price on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. Truist Financial raised their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Bank of America cut their target price on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating on the stock in a report on Wednesday, September 10th. Finally, BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $23.08.
Get Our Latest Stock Report on AMN
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.
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